Book Description
The leading authority on system dynamics explains this approach to organizational problem solving, emphasizing simulation models to understand issues such as fluctuating sales, market growth and stagnation, the reliability of forecasts and the rationality of business decision-making. The CD includes modeling software from Vensim, ithink, and PowerSim.
Customer Reviews:
One of the best SD books with connection to practical work.......2007-10-06
"Business Dynamics" is a great book leading the newcomer -as myself- into the field of SD and the experienced system dynamicist can use it as a knowledge pool.
Even though the book is rather expensinve -and heavy alike- it covers great wisdom of John Sterman (he is by the way a scholar of the founder of the field, Jay W. Forrester) and is more than worthwhile buying if you are strongly interested in the field.
I was lucky to meet John and Jay this summer during a specific SD workshop at MIT and the yearly System Dynamics Society Conference and could chat with both of them (they are both very practicably using SD with a strong academic background). Learning and getting more experienced in System Dynamics and the use for daily problem solving is a dynamic and evolving process of wisdom with lots of feedback ("Business Dynamics" can help a lot in getting deeper insights.
Best regards
Ralf
Excellent.......2007-08-29
Excellent guide to systems thinking, clear examples, clear thinking and very interesting conclusions reached. highly recommended
buen libro.......2007-02-22
como parte de la materia lo llevo, me salio mas barato que en mexico y me es util para mi carrera
Amazing.......2007-01-12
The definitive book on Business dynamics !
It may look dificult to follow, but it isn`t really easy to read and follow !
The cd brings good examples.
Edward Garrity, Professor of Information Systems.......2007-01-04
Sterman's book is far and away the best and most comprehensive book on system dynamics for business. Although the title is "Business Dynamics" it really is a text on applying system dynamics to both business and larger social issues/systems.
If you are a strong student of business and systems then this is the book for you. It is highly recommended if you are interested in learning the most you possibly can regarding system dynamics and how to model systems. However, if you are searching for an introduction to this area - watch out. The book is actually quite advanced - it is used at MIT and other graduate business programs at top universities.
What is amazing about this book is that it blends absolute precision, correctness and detail with practical modeling advice and insight and it is written in a relaxed style with numerous examples. It is one of the best examples of clear writing about a complex topic. Dr. Sterman's years of system work has allowed him a level of clarity that is unsurpassed in the business and systems area.
As mentioned earlier, the book can be overwhelming and I would recommend a newcomer to this area to pick up several books first, to provide a more gentle introduction. This is not a contradiction of what I wrote earlier, it is simply that the book packs so much information in its pages, and it is still very long.
Highly recommended.
Book Description
This book brings together the strategic role of the supply chain, key strategic drivers of supply chain performance, and the underlying tools and techniques for supply chain analysis. Students are able to articulate the strategic importance of supply chain thinking and support their ideas with evidence that can be built using models.
Customer Reviews:
A Brilliant Analysis of Three "Key" Interrelationships.......2007-08-08
As Sunil Chopra and Peter Meindl explain in their Preface, the purpose of their book is to help those who read it to "develop an understanding of the following key areas and their interrelationships: the strategic role of a supply chain, the key strategic drivers of supply chain performance, and [the] analytical methodologies for supply chain analysis." I think their material will be of greatest interest and value to executives who are now centrally involved in management of larger organizations' supply chains. However, I think their book will also be of substantial benefit to others who are directly or indirectly involved as strategic allies in those supply chains, those who can also help to ensure effective management of them.
Chopra and Meindl carefully organize their material as follows:
Part I: Building a Strategic Framework to Analyze Supply Chains
Part II: Designing the Supply Chain Network
Part III: Planning Demand and Supply in a Supply Chain
Part IV: Planning and Managing Inventories in a Supply Chain
Part V: Designing and Planning Transportation Networks
Part VI: Managing Cross-Functional Drivers in a Supply Chain
I was especially interested in the final part because one of the greatest challenges when establishing and then sustaining an effective supply chain is to take into full account the need to get all participants in proper alignment, especially when cross-functional resources to achieve to achieve mutually-beneficial results. In Part VI, Chopra and Meindl respond to questions such as these:
1. What is the role of sourcing?
2. How to achieve design collaboration?
3. What are the most important "drivers" of pricing and revenue management?
4. What is IT's role?
5. What does effective risk management require?
6. What are the major barriers to effective coordination?
7. How to build strategic partnerships and trust between and among stakeholders?
Many readers (I among them) will also appreciate the provision of a "Summary of Learning Objectives" and "Discussion Questions" at the conclusion of each of the 17 chapters. Credit Chopra and Meindl with fully achieving their objectives when they set out to write this book: To help their readers to understand the strategic role of a supply chain, the key strategic drivers of supply chain performance, and the analytic methodologies for supply chain analysis.
Bravo!
Book Description
Logistics management is increasingly being seen as a source of competitive strength. Its effective use provides potential for cost reduction and the opportunity for increasing market share. The second edition discusses the role of logistics in achieving corporate and financial goals. Updated and expanded with more checklists, more short cases and executive summaries, this is an invaluable guide for all logistics and distribution managers.
Customer Reviews:
Boring book.......2007-06-10
Keeps repeating the same things over and over using different words. Very boring and nothing new to learn.
Modern logistics - an executive summary.......2007-02-08
After reading various textbooks on logistics, quantitative analysis and strategy, this book was very refreshing, in large part from the fact that it is a short and non-technical book. The title of my review says it all, this book is summary for busy people wanting to get som insights into what is going on in logistics and organizational theory . I got through the book in two readings, which is a very valuable aspect for busy people.
Still, despite being brief, it touches on most important aspects, and points you to further areas of importance if what you read here makes you want to change things in your organization.
So: Not technical, easy read, 4 stars instead of 5 because it is too brief to be truly useful for those that actually want to learn the subject-matter.
PS: The printing I recieved was a defect, pages 247 to 278 missing (Replaced by duplicate pages 215-246), ust watch out for that.
Excellent Advanced SCM Book - Repost.......2007-01-05
This is a wonderful book and introduces the practioner to some of the frontiers of strategically driven service response logistics. In other words how to design, deploy and organize integrated SCM for corporate strategic reasons, not just for functional cost control. Probably one of three key books for understanding the frontiers and highly recommended.
Key is the process, customer value and system integration perspectives threaded throughout but particularly in the last several chapters. The chaper on service response logistics is worth the price of the book.
As a practioner dealing with advanced SCM I found this very worthwhile and found myself wishing I'd written it. If you are relatively new to the field you need a decent baseline grounding and Stock & Lambert's book on 'Strateigc Logistics' is a perfect complement. To move slightly higher up the food chain get the recent compilation of HBR articles called 'Managing the Value Chain'. Together the three make a perfect bookshelf set for any practioner, student or corporate executive who needs to understand what integrated logistics, SCM or the future of e-business might be doing to your career or your firm's competitive prospects !
Easy to read, theorethically strong and practical enough.......2006-03-03
After reading many books about logistics and supply chain issues, this third edition adds value to the field.
The author confirms his visionary approach and provides new thinking on supply chain risk and resilience. Not only agility is now more elaborated and explained as an important logistics strategy together with leaness, but also, hybrid strategies are proposed and practical cases are developed.
As always, the author ends with a view to the future and introduce the readers in the ever challenging thoughs of business transformations.
I Need It Yesterday .......2005-06-12
At first glance this is a book that is going to scare off the vast number of readers. Unless you are in this field or this is part of your daily job, why would you read this book. I submit that most managers today need to have a basic understanding of this process, which is why I read this book. Overall I came to the book with no real understanding of the topic nor had I ever read a book along these lines before. I found the book to be a nice and understandable overview of the topic. I did find it to be a bit more detailed then I was looking for, but I understand that the book was not necessarily meant for a reader such as myself.
I think what interested me most was that I used to think of this topic as just a line of trucks coming into the plant so to speak. The book brings out that supply chains are really complex networks with many moving parts. Due to the increased out sourcing and off shoring, the complexity of these chains has grown. With this complexity comes even more of a need for pro-active coordination within the network. This is the reason the book and concepts are important. Overall I enjoyed the book. Sure it had more detail then I wanted, but I assume that a seasoned professional in this line of work needs that detail. I also found the book to be, at times, a bit dry, but I attribute this to my lack of real depth in the area. If you are looking for something in this subject I think this is a good starting point.
Book Description
For advanced undergraduate and MBA courses in Supply Chain Management.
This book brings together the strategic role of the supply chain, key strategic drivers of supply chain performance, and the tools and techniques for supply chain analysis. Every chapter gives suggestions that managers can use in practice and all methodologies are illustrated with an application in Excel. Fully updated material keeps the book on the forefront of supply chain management.
Distribution networks (Chapter 4); Sourcing (Chapter 13), discusses different sourcing activities including supplier assessment, supplier contracts, design collaboration, and procurement; Price and revenue management (Chapter 15); Early coverage of designing the supply chain network—after developing a strategic framework, readers can discuss supply chain network design in Chapters 5 and 6 and then move on to demand, supply, inventory, and transportation planning; Information Technology in the Supply Chain (Chapter 17).
For business professionals managing the supply chain.
Customer Reviews:
A good solid supply chain basics book.......2006-05-23
We use this book for supply chain training to new entrants at our firm. It is quite a good supply chain basics book - covering the topic in all its breadth. the coverage is perhaps a slightly less strategic and more technical than our needs - but that is understandable given the background of one of the authors. However, to be fair, it is the best book that we have found on supply chain management to get the people up to speed on the basics.
Price too high.......2004-08-25
What I got was a second Indian Reprint, it costs around $4 in India, but I had to pay around $35 (shippment not inlcuded in this amount)! What an arbitrage!
Good reference material for practitioners.......2003-02-17
I found this book to be a great source of reference for managers. It is not really a good teaching source, as I thought it already starts with a fair amount of assumed previous knowledge and jargon.
The sections that are most well developed are the ones on inventory management and transportation logistics, where I found examples that were directly applicable to situations I encountered in a retail environment. The portion on forecasting was not as useful, and the part on e-business seemed somewhat contrived. Overall, this is the best reference I have found that does not require a heavy amount of mathematical familiarity.
Excellent book overall but..........2003-01-08
I refered and used this book in 2 grad level courses. The first was a business school course on SCM (with an above average quantitative focus for a B-school course) and again for a fully quatitative SC Engineering course. While I was initially very impressed with the book, using this over 2 semesters has raised a few gripes.
For the qualitative issues on SCM {make no mistake, these 'fluff' aspects are very important} there is no other equal. Chopra and Meindl do an outstanding and comprehensive job. They also bring out the importance of using scientific, quantitative techniques for SCM. This however is where my gripes start.
Having brought out the importance of quantitative tools for use in SCM, they do only a moderate job on explaining these tools. For example, the chapter on forecasting (only the most simple and commonly used models are explained) is unnnecessarily complex and confusing. The topics covered are adequete but need revision. Treatment of inventory management also could be more detailed and better explained.
This is an excellent book but for more comprehensive learning (if you want an understanding of the quantitative aspects too), I think this book needs supplementing (say with course notes) or another book like "Modeling the Supply Chain" by Shapiro.
Peter Meindl - The Godfather of modern supply chain mgt.......2001-11-27
Written by one of the leading minds in the field, Peter Meindl of I2 technologies has a lot to teach. This is an excellent text and as a fellow Dallas/Ft. Worth resident, I would enjoy meeting him. If you are an MBA student with a concentration in Operations Management, this text should be required.
Meindl, a management team member of I2, has helped develop I2 into the undisputed champion in enterprise software. While SAP may have the market share with their archaic DOS based application, I2 has windows functionality and everything that matters. They have raised the bar with their supply chain knowledge, leading solutions, and collaborative knowledge in supply chain strategy. This text will give you a big step forward in becoming a Supply Chain leader.
Book Description
Supply chain management, both in industry and in academia, has grown rapidly over the past several years mainly due to an increase in corporate goals of reducing manufacturing costs and the savings that come from planning and managing the supply chain effectively. Most textbooks do not include models and decision support systems robust enough for industry. Designing and Managing the Supply Chain: Concepts, Strategies, and Cases, 2/e by Simchi-Levy, Kaminsky and Simchi-Levi discusses the problems, models and concepts derived from issues related to effective supply chain management. This text is suitable for both academic study and practicing professionals. While many core supply chain management issues are interrelated, the authors have tried to make each chapter as self-contained as possible so that the reader can refer directly to chapters covering topics of interest. Each chapter utilizes case studies and numerous examples. Mathematical and technical sections can be skipped without loss of continuity. The accompanying CD-ROM also provides two simulations, the Computerized Beer Game and the Risk Pool Game and a computerized tool, new to this edition, for developing and executing supply chain contracts. These packages help illustrate many of the concepts discussed.
Customer Reviews:
A good choice for a beginning text.......2006-07-06
I have this book as my text in the Business program at the University of Phoenix. I am not a supply chain manager and do not aspire to be, but it is a required course. Some of the math is a bit daunting (the phrase "using simple calculus" is an oxymoron to many) but even without knowing calculus the case studies and discussions convey the fundamentals effectively.
Visually, the book is also good, with a layout and graphic design that makes reading easier and not at all a strain on the eyes. That might not seem important when you are shopping for a text, but when you are reading the third chapter of the day sometime between supper and midnight, it will!
Outstanding Phenomenon.......2006-05-10
Words can not explain how much this book is valuable. Its pragmatic approach to supply chain is wonderful. I am sure any reader will have the same idea after reading this book. I really appreciate this great job. Special thanks to the authors.
Finally something you can read and enjoy.......2005-05-10
This book one of the rarest ocasions in SCM field when you read a book and enjoy its contents to the fullest. I agree with ine of the other reviewers that this is one of the BEST books about SCM. I highly recomend it as one of MUST have SCM books.
I needed something more concise.......2003-02-10
Good as a text book for an MBA program but I needed something concise and clear. I'll keep looking
The definitive book on supply chain management.......2003-01-17
The 1st edition of this book, authored by three leading scholars and consultants in the important, fast developing field of supply chain management, won several awards and high critical acclaim from professional associations, scholars, and managers.
The 2nd edition has addressed the few gaps in the the original edition, noticed mainly by by those who, like me, used the book to teach university level courses. Thus, in the new edition, anything complex (especially, quantitative ideas) is explained even more clearly and thoroughly than in the 1st edition. The managerial implications of research findings are spelled out even better, with more examples. Short, insightful discussion questions have been added following each chapter, and there are several new, interesting case studies in several chapters. Valuable new material has also been added, e.g., research findings and examples on how to design win-win supply chain contracts, and up-to-date material on the impact of e-commerce and information technology on supply chain management.
This book will be of value to all managers, but probably most to managers at middle and senior levels, as it provides a clear, coherent view of the entire subject while emphasizing strategic and tactical level decisions and planning. The authors have made a truly important contribution to the understanding and practice of supply chain management.
Book Description
Agile, strategic supply chain management is a key competitive necessity in today’s no-room-for-error business arena. And few organizations have acquired more knowledge—and demonstrated better results—than the team at global management consultancy Pittiglio, Rabin, Todd, and McGrath (PRTM). In the breakthrough reference Strategic Supply Chain Management, two of PRTM’s leading consultants in this practice explain everything that corporate decision-makers need to know to create value and competitive advantage from their supply chains.
Customer Reviews:
Good Content, could have been written better.......2007-01-07
The authors show good command over the subject. There are several key aspects mentioned in the book which are not obvious to everyone. The authors stumble on getting the right message out. In short, it's a very long book to cover a small subject.
Only just okay.......2005-05-26
This book has a lot of stuff in it. It's got a good overview of how to look at your supply chain starting with the supplier of your supplier, and going through to the customer of your customer.
It's got a lot of real world examples, and each of the six chapters ends in a 10-page real world case study of a large corporation.
However, I just couldn't get into it, even though I read it cover to cover. This was a hard book to trudge through, probably because of its very narrow target audience.
This book is written to the level of Senior Vice President of International Operations at a $800+ million company. It's at a pretty high level and maybe that's why it was so hard to read.
With only a few minor modifications, this book could be called: "World Class Marketing" or "Quality Improvement: New Directions." It's technically about Supply Chain Management, but it's at such a very high level.
The Best SCM Literature EVER!!.......2005-04-18
Finally, a book that explains supply chain strategy WITHOUT THE HYPE AND BUZZ WORDS!! The authors were right...this book should've been written years ago coz it will definitely enlighten those trying to unravel the intricacies in crafting a supply chain strategy. This book emphasizes the vital link between business objectives and supply chain strategy. The 5 core principles and its practical applications are discussed opposite real life examples of world class companies like Eli Lilly, Autoliv and the DoD, "the largest supply chain in the world." The frequent reference to the SCOR Model in the book only emphasize the power of the model in crafting and executing the 5 core principles the authors talk about. DON'T LEAVE FOR THE OFFICE WITHOUT THIS!!
good examples.......2005-01-08
Shoshanah Cohen gave a supply chain strategy workshop at a conference I attended and I received a copy of the book after the workshop. The book has a lot of good examples of what real companies are doing and I have been able to use some of the ideas in my own work. It is an easy read.
A practical view of supply chain management.......2004-12-07
Finally, a book that approaches supply chain management from the perspective that it is an integral part of a well-formed business strategy. By using solid examples, the authors illustrate how businesses can use strategic supply chain management to drive competitive advantage. In addition, the authors outline a practical framework to better manage the supply chain.
I recommend this book for supply chain professionals looking for a way to simply and effectively illustrate the competitive power of supply chain management. This book is also a must read for the non-supply chain executive looking for a way to tap into the power of supply chain management.
Book Description
Purchasing and Supply Chain Management, 3rd Edition is a turnkey solution for providing current and thorough coverage for this critical area of the supply chain. This book is not only a text but a reference as well and is now established as one of the leading-edge strategy and purchasing books. Students gain contextual insights and knowledge into the strategies, processes, and practices of purchasing through use of the many cases and examples. Because of their relationships with executives and practitioners worldwide, the authors are able to present unique and up-to-date insights that lead to greater understanding of the purchasing process. Purchasing and Supply Chain Management provides a hands-on, applied approach that has been thoroughly tested with student audiences to ensure learning success.
Customer Reviews:
A boring book with nothing new to share.......2007-09-07
This book offers nothing new in concepts nor does it necessarily make it an interesting reading. You will immediately notice that the authors have just tried to add a lot of pages to the text by stating the same things over and over and over and over. Redundancy is the mantra of this book. I would not pay more than $25 for this book as all it offers is a very simple description and overview of the Purchasing function and Supply Chain Management. There are a lot of better books out there in the market than this one. So, don't waste your money please.
deceptive discription of book.......2007-03-09
The description was deceptive. Bought it thinking its a text book.
Not so hot.......2005-01-05
The book seems to repeat the same things across few chapters example is role of purchasing and different pro's and con's. The recommended practices and business cases are nice to read, but many of those practices got many companies in trouble. Example: book recommends giving procurement cards to all employee and giving them approvals to buy things under $50 to minimize purchasing costs of office supplies and such. Result is that every employee has a stash of everything and huge amount of money is wasted. Additionally, what is recommended by the book is contradicted by its business cases. Example: companies should develop and work in a trusted relationship with its suppliers to achieve most benefits for both. This would include things like vendors performing statistical quality control etc. Next thing is a business case that shows how a company should quality inspect all of its purchases. This seems to be a problem.
I think this book is a good intro to supply chain and has some ideas to get you started, but too much energy is wasted figuring out what the tried and recommended approaches are.
Great reference work.......2000-07-25
If you want one book explaining state-of-the-art thinking in procurement, this is the one. It has chapters on every important topic. It's not a book I would choose to read from beginning to end to learn about purchasing (unless I were a University student) but it's a good starting point for looking deeper into many topics.
Very good vision.......2000-04-26
One of the best of its type - good mix of strategic and tactical. could have been shorter
Book Description
Applying lean to the supply chain is a hot topic. While lean operations can produce significant benefits to an organization, the greatest benefits will not be realized unless lean is extended beyond the organization to involve both suppliers and customers.
Lean Supply Chain: Collected Practices and Cases provides a variety of case studies taken from articles previously published in Lean Manufacturing Advisor -- the monthly newsletter by Productivity Press.
Highlights include:
Practical, in-depth descriptions of lean supply chain issues - including supply chain strategy -- most of which have not been described in other publications, written in a conversational, easy-to-read style. A large quantity of case studies unavailable from any other single source. Real-world information about the practical issues of managing the lean supply chain and working with supply chain partners. Articles are categorized in three areas -- Supply Chain Strategies, Building Partnerships, and Improving Distribution - for easy reference.
Customer Reviews:
VERY USEFUL.......2007-09-04
I really enjoyed reading this book. An easy-to-read format combined with a diverse set of examples, provided an excellent starting point to identify my next projects.
Book Description
Provides an overview of new practices and systems in supply chain management, from logistics information systems architecture to supply chain integration.
Download Description
Supply Chain Strategy is based on world-class logistics practices in place in successful supply chain organizations, the latest academic breakthroughs in logistics system design, and the logic of logistics.
Customer Reviews:
Decent book, but could be better.......2005-11-30
I liked the content of the book, but I have three complaints.
1. Very large number of charts, graphs and photos which is great, but the book would be much better if they were printed in color instead of black and white.
2. The author needs to create a companion CD to supplement the content in the book.
3. I wasn't expecting to read a lot of Bible verses when I bought a book on Supply Chain Strategy. The author should have saved those for a different type book - not in a textbook. For this reason, the book is not appropriate for a corporate reading list in a litigious environment.
Best Practical Reference.......2003-10-15
This book simply rules the subject area! If you are a practitioner looking for hands-on advice and solid methodology, this is your blueprint. It will jump-start and carry through your Supply Chain/Logistics activities. One of the best Supply Chain books I have encountered. It has a spot on my desk (as opposed to the library).
Academicians, people wanting to broaden horizons, and undergrad students will find this too technical/practical, hard-to-relate, and difficult to pad out their term papers.
Supply Chain Strategy - Classes and Book.......2002-03-01
The classes at Georgia Tech were fantastic and I have been reading the book since I have returned home.
It is the best book on the subject that I have ever read and I will keep it on my book shelf right next to Gordon Garham's Inventory Management for future reference. I don't want to sound stupid but I like tech books that have a lot of pictures. Dr. Ed Frazelle is a great teacher and I give both the classes and the book my most enthusiastic recommendation.
Typos Galore.......2002-01-04
This is a comprehensive high-level book for someone who is familiar with, but needs more information on supply chain. It covers the major areas with a good level of detail.
HOWEVER, there are numerous typos and misspellings. For example, a major table on p.36 has its headings transposed, which leaves the readers trying to guess what the author had in mind. If I'm paying $40-50 for a book, I expect that it would be well-edited.
Book Description
Operations Now introduces operations from a vantage point that encompasses both the entire organization and the broader supply network. The author begins his discussion of operations management by first establishing the goal to which any high quality operation must aspire: the goal of profitability. Operations Now presents operations within a context that acknowledges its interactions both within all functional areas of an organization as well as the supply chain network serving it. Thus, students not majoring in operations management immediately understand why they are studying a subject that had previously seemed to them irrelevant; operations majors receive valuable instruction in how their chosen field affects and facilitates other functional areas within the enterprise and aligns with the overall goals of the organization.
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